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PORM 1127 Ftor.i~ YOtTGAGE DH80 (T~ Grpu.o.~ ~ Trttle I.~w P~rt. PaWi~Atw. Rrdaod. Vt.
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Executed the 8th ~+U o~ May D. 19 7~
b11 ALTON SAPP and VIVIAN SAPP, his wife,
of St. Lucie Count~, State of Florida , p~crt ies of
the fErst pdrt, hereinafter called the .hfort~s'agor, to
FIRST NATIONAL BANK OF FORT PIERCE
a corporation existing under the laws of t~he State of Florida
party of the second part, hereinafter cctlled Ehe .hlort~'dge~,
Tha terms ",hfort~a~o~' and ".Mortgagee" whener~er usec~l in this instrument
shall incluae the heirs, personal represen.tatives, stcccessors and assi~sns of the
respective parties hereto. Wherever used the sin~¢zclar number shcr,ll incltcc~e tlte
pli~ral, and the plural the singular, a.nd the zcse of ctny ~ender sluttl incttcde alt
~enders.
Witnesseth~ TTr~et for divers ~ood and vdluacble considerdtions, and also in
considercttion of the a~~regate surra ndntecl in tlae promissory note of everr. ddte here-
with, Ir.ereinafter c~escrihed, the sctid .Mort~sa~or does hereby ~'ran.t, bargczin, sell, alien,
re?nise, release, conveJ anal. conflrm unto tlte said .~lortga•~ee, i~a fee simple, all the
, certain tra.ct of land, of wl~i,ch the saic~ .J~iort~a~or i.s now seized and possessed, and
in actual possession sitrcate in St. Lucie Co~cnty, Stat~ of Florida,
d.escribed as follozvs: _
The North 15 acres of the NE 1/4 of the NE 1/4 of /
Section 36, Township 34, Range 39, and beginninq
at the Northeast corner of the NW 1/4 run South
41.722 feet to the south right of way of Airport
Road, thence continue south along the east boundary
line of the NW 1/4 of NE 1/4 467.662 feet, thence
westerly 202.180 feet thence north 199 feet, thence
west 159.682 feet, thence north 267.522 feet to
south right of way of Airport Road, thence continue
north 43.085 feet to section line, thence East on
section line to point of beginning, less all road
rights of way.
This mortgage shall also secure the payment of any
future advances or loans that may be made by the Mortgagee
to the Mortgagor at any time within ten years hereafter
even thouqh no indebtedness is outstanding hereunder,
provided that the maximwa principal amount of monies
f so secured shall not exceed $14,000.00 at any one time,
and provided further that such advances or loans shall be
evidenced by separate written instruments to invoke the
~ terms hereof. .
' This instrument prepared by: c~
~ ~n ~ qt ~wa~r oF ~ce
~ JACK L. ROGERS, ~ ~ ~ ~ ~ ~ ~p~~'
E Attorney at I.-aw ~n•~p~ ~ 19~~
P. O. Box 4352 q~ r~~t oar~r. st WaE cq, HJ~
; Fort Pierce, Florida 33450
To Have and To Hold the sccm.e, to~ether with the tenements, heredita-
ments and dppurtenances, unto the said .Mortgccgee in fee simple.
Ari(~ tlte said .hfortgct~or coi~enants wi-tli said .hfort~c~~ee, thact sa.id .htort~ag'or
is indefeasiblJ seized of said Zan.d in fee si~nple; thut tfie said .hlort~agor lias frcll
power and laivfcc-t ri~ht to convey said land in fee simple a.s aforesaid; that it shall ~
~ be lacwficl for said Mortgagee act dll times peaceably and quietly to enter upon, hold,
i ; occr~py cind enjoy said land; thctt sai~ l,~ind is frec front all inerambrances; that said ~
; ~ .hlort~cag'or will make srcch fr~rtlier assurances to perfect the fee simple title to said
~ + land in said .hfort~d~ee a.s rruiy rea,sonably be re~rcired; and tha,t said .1~Iort~a~or
j does hereby fully wctrr~nt th.e title to said land and will d.efend the same a~a,ir~st the
lawfut claim,s of all persons whomsoeaer.
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